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Published Mon, Mar 31, 2014 · 10:00 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Linc Energy finds oil in Alaska oil field

OIL and gas producer Linc Energy has produced 650 barrels of crude oil during flow testing at a well in its Umiat oil field in Alaska - the first time crude oil has surfaced in quantities there since 1952. At full commercial production, the firm expects the Umiat field to have a peak rate of 50,000 barrels of oil per day (bopd) to be pumped into the Trans-Alaskan Pipeline. The well produced at a peak rate of 800 bopd during the test.

CapitaLand boosting stake in AIM Japan

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